News - page 162

Blockchain & Crypto

Block’s TBD Division Launches C= to Improve Bitcoin Lightning Network

The new venture c= founded by Block’s (formerly, Square) TBD division aims to expand the reach of the Bitcoin Lightning Network through added liquidity and routing services

Finance & Economics

Central Bank of Ireland Blocks Staff Use of ChatGPT

The Central Bank of Ireland has decided to ban the use of chatbot ChatGPT with artificial intelligence (AI) by employees of a financial institution.

Fintech & Ecommerce

CFPB Discloses Typical Consumer Financial Profiles of BNPL Users

The CFPB revealed its recent research which helped the institution create a typical image of a BNPL borrower, who uses the option without signs of stress, but tends to be highly indebted

Blockchain & Crypto

Silvergate on the Brink of Bankruptcy, Wiping $22 Billion From Bitcoin Market Cap

The crypto-focused bank Silvergate warned it would miss the annual financial report deadline and raised questions about its ability to survive. A wave of uncertainty caused about 5% Bitcoin decline

Finance & Economics

Amazon Business App Adds Purchase Reconciliation Tool for B2B Buyers

Amazon Business has added 3-Way Match to its mobile app for B2B shoppers.

Finance & Economics

Zenus Bank Launches Visa Infinite Debit Card in 46 Countries

Zenus Bank announced the launch of the Visa Infinite debit card.

Finance & Economics

Klarna Teams With Buddy

Klarna announced the establishment of a partnership with Buddy.

Finance & Economics

InvestCloud Upgrades White Platform

InvestCloud, the global leader in the digital transformation of the financial industry with assets of more than $ 6 trillion, announced the release of the next version of InvestCloud White called InvestCloud White FMB+

All materials

Dogs Trust Launches Debit Card With Fintech Currensea

Dogs Trust, a British animal welfare charity, has announced the launch of a debit card.

Blockchain & Crypto

Binance Adds Support for More African Currencies

Binance, the world’s largest blockchain ecosystem and cryptocurrency infrastructure provider, has announced the start of support for more African currencies.

Finance & Economics

HSBC Grants Its First Green Loan in Hong Kong

HSBC Bank has granted its first green loan to a climate-mitigation technology firm based in Hong Kong. The borrower is fighting global warming with emissions reduction projects on the construction sites

Fintech & Ecommerce

Modern Treasury Unveils Global ACH Service

Modern Treasury has presented a new cross-border payment network Global ACH, that should provide a cheaper and faster alternative to the SWIFT network and other third-party options with high FX markups

Reports

ECB Introduces Timeline for CBDC Rollout

The European Central Bank (ECB) has announced its plans for a step-by-step rollout of a digital euro CBDC. The final realisation phase may come later this year

Blockchain & Crypto

Robinhood Wallet Launches on iOS, Android Support Soon to Come

Robinhood Wallet, which launched its beta version in September, now rolled out full-scale for the one million customers on the waitlist

Finance & Economics

DoorDash Partners With Chase to Drive Rewards Card Spend

DoorDash launched a co-branded Rewards Mastercard in partnership with Chase, offering 4% cash back on orders placed via the aggregator or its subsidiary Caviar

News

GoDaddy and Worldpay Launch Commerce 360

GoDaddy and Worldpay announced the beginning of cooperation with a view to the subsequent launch of the joint Commerce 360 platform.